In mid-July, hundreds of African business leaders descended upon Nairobi to discuss trade and investment across the African continent at the African Union High Level Private Sector Forum. The African Union brought them together to discuss public-private partnerships, and over the course of their three-day summit, one topic ranked highly: the African Continental Free Trade
Month: August 2023
In this article LLY NOVO.B-DK Follow your favorite stocksCREATE FREE ACCOUNT A selection of injector pens for the Saxenda weight loss drug are shown in this photo illustration in Chicago, Illinois, U.S., March 31, 2023. Jim Vondruska | Reuters Novo Nordisk‘s obesity drug Wegovy slashed the risk of serious heart problems by 20% in a
In this article RBLX Follow your favorite stocksCREATE FREE ACCOUNT Roblox Corporation Founder and CEO David Baszucki. Steve Jennings | Getty Images Shares of Roblox fell 10% in premarket trading Wednesday after the company reported second-quarter results that missed analysts’ expectations on top and bottom lines. Here’s how the company did: Loss per share: 46 cent loss vs.
Pictured here are residential buildings developed by Country Garden Holdings Co. in Baoding, Hebei province, China, on Tuesday, Aug. 1, 2023. Qilai Shen | Bloomberg | Getty Images BEIJING — Two years after Evergrande’s debt troubles, worries about China’s real estate sector are coming to the forefront again. Country Garden, one of the largest non-state-owned
I love Spain. So when a friend of a friend who lives on the island of Mallorca asked if I could look after her five cats in exchange for staying in her house for two weeks, I leapt at the chance. I’d never done anything like this, so I organized a video call with the
vchal | Getty Images Between 2000 and 2016, long working hours led to a 42% increase in deaths from heart disease, and a 19% increase in deaths from stroke, according to a 2021 report from the World Health Organization and the International Labour Organization. The bulk of 745,000 deaths in 2016 from such causes were
The charitable reading of the grant of statutory authority in the clean hydrogen credit under section 45V(f) is that Congress gave Treasury considerable regulatory leeway to tell claimants how to determine the life cycle greenhouse gas emissions that the entire credit hinges on. The less charitable interpretation is that Congress abdicated its responsibility and left
A push to re-shore semiconductor manufacturing in the U.S. has spurred massive spending, and with it, concerns about the size of the skilled workforce. President Joe Biden signed the CHIPS and Science Act into law one year ago, and semiconductor companies across the United States have promised to spend $231 billion on building chip manufacturing
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Members of the Writers Guild of America and the Screen Actors Guild walk the picket line outside of Disney Studios in Burbank, California, on July 18, 2023. Robyn Beck | AFP | Getty Images When the markets close Wednesday, all eyes will be on Bob
Rafael Henrique | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Roblox — Shares tanked 20% after the online gaming platform fell short of second-quarter estimates. Roblox reported a loss of 46 cents per share, versus the 45 cent loss expected by analysts polled by Refinitiv. Revenue came in at
Rep. Greg Casar, D-Texas, speaks during a Vigil and Thirst Strike for Workers’ Rights on the House steps of the U.S. Capitol on July 25, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images Workers who go on strike generally don’t qualify for unemployment benefits. But two states — New York and New Jersey
The Mega Millions jackpot grew to more than $1.6 billion on Aug. 9, 2023. Justin Sullivan | Getty Images There’s finally a winner for the massive Mega Millions jackpot — but the lucky ticketholder may face unexpected pitfalls, experts say. A single ticket sold in Florida matched all six numbers Tuesday night, marking the game’s
Startup companies rely heavily on stock options to recruit, motivate, and retain the best employees and executives. The stock acquired can become very valuable if the company goes public or is acquired. However, options in private companies are tricky, given the lack of liquidity to trade the stock and the other risks. Some of the
The government can take private land and property for public use through eminent domain in the United States. This authority can benefit communities and be used to achieve economic growth and prosperity, but it can also harm minority groups. In the coming decades, we will need eminent domain more than ever to overcome the challenge
Rocket Lab Rocket Lab on Tuesday reported second-quarter results that largely met Wall Street’s expectations, and the company said it added contracts for 10 more launches in 2023 and 2024. “The second quarter saw strong performance across Rocket Lab’s launch and space systems businesses with three successful Electron [rocket] launches, more than 17 spacecraft featuring
In this article 6758.T-JP Follow your favorite stocksCREATE FREE ACCOUNT PlayStation DualSense controller and PlayStation 5 console are seen in this illustration photo taken in Krakow, Poland on April 9, 2022. Jakub Porzycki | Nurphoto | Getty Images Sony on Wednesday reported a 31% fall in profit in the first fiscal quarter as its life
People walk by electric truck maker Rivian’s newly opened storefront in the Meatpacking District of Manhattan, New York City, June 23, 2023. Spencer Platt | Getty Images Check out the companies making headlines after hours. Rivian Automotive — Rivian Automotive dipped about 2.5% in extended trading. The decline comes even after the electric automaker beat
Collectively, Americans now owe more than $1 trillion on credit cards. Total credit card debt rose nearly 5%, or about $45 billion, in the second quarter to a new high of $1.03 trillion, according to a new report on household debtfrom the Federal Reserve Bank of New York. Although delinquency rates are still low by
A winning ticket for the $1.58 billion Mega Millions jackpot was sold in Florida. If you are the winner of the $1.58 billion Mega Millions jackpot, how much do you collect? Your first answer might be $1.58 billion. But in fact, you actually would collect that amount—before taxes—only if you agree to take the mega
My parents were in their 20s when they bought their first home. It was the 1950s, Midcentury Modern, (my mother’s favorite furniture style) was just modern, and the house, a Dutch colonial in Brooklyn with four bedrooms, one full bath and two half baths, cost them about $25,000. That would be about $285,000 today, adjusted
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